Property Details
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This property at 60 Nichols Avenue in Brooklyn, NY 11208 is a two-story residential building built in 1901. With an assessed value of $52,260 and a market value of $871,000, this property consists of two units on an 1800 square feet lot with a depth of 90 feet and a width of 20 feet. The heating type is listed as NONE and the total living square footage is 2000. Located in Block 4109, Section 1305, District 05 and with a tax bill of $5,180.93, this property has legal lot number 1 listed as 43.
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In Most states, a death in a home, no matter how it occurred, is not considered a "Material Fact" and it's not required to be disclosed. A murder could have occurred days ago and the seller does not have to let you know.A death in a home, especially a violent death, can decrease the home's value by 25% and increase its time to sell by up to 50% longer than comparable homes.
Would you want to know that a murder, suicide or even a bizarre death occurred at the property before you sign the contract?
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